/biz/ - Business & Finance

>>56735915
>muh neeeeeeews
News is always irrelevant and have no effect on BTC's price in either direction. Even the FTX happening had no real effect on the market, because that dump had already begun before the news hit.

>>56382035
>ftx
Had no impact on the direction of the BTC price. That dump was already coming. News or happenings and other external things isn't what's traded by the market movers. Only the chart is traded.

Brainlets, normalfaggots, NPCs, etc, all of course will always associate any pump or dump with muh news and muh happenings.

>muh ftx

>>55878802
You parrot so many normalfaggot things in your post it's kind of impressive.
> #1 associates the March 2020 (actually had already bugun in February) crash with the meme virus, thinking it had anything to do with it, not knowing the chart already looked bearish (for instance the 1W Stoch RSI in Feb 2020 was very high)
> #2 MUH INSTITUTIONS -- hoooly shit
> #3 thinks VC's matter
> #4 is so new to crypto that he thinks BTC dumping to 3.5k would require "a global economic super-depression with the USA on verge of collapse amidst world war 3 type of situation", not knowing that 69k to 3.5k would only be 1% deeper than several previous bottoms
> #5 thinks the FTX event was what brought the price to 15.5k, not knowing the chart looked like shit prior to any FTX-news
> #6 thinks FTX collapsing was a "catastrophe"

>>55196508
The bottom remains 8k as it has been for over two years now, so yeah of course it'll hit 15k.
>>55196545
>t. bought at 46k and held ever since
>>55196573
>It took FTX collapsing to get to that price.
The dump to 15.5k had nothing whatsoever to do with FTX or any other "happening" or "news" etc. It was just whales trading the chart, like usual, like always. The chart is the only thing you should be paying attention to. External things like news or happenings are 99.9999% distractions, excuses, and smoke and mirrors.

>>55112590
> ">FTX couldn't do it"
>thinking the dump to 15.5k was because of FTX, and not whales trading the chart
newfag detected

>>54411586
>"the ftx crash"
No such thing, and the crash that happened then was a Capitulation event.

>>53663924
>muh neeeews
>t. drooling retard

>>53516952
>lower than expected
First of all the expected low is (and has been for the last 2 years) ~9k.
Secondly, that dump had nothing to do with the FTX nonsense.

>>53471584
>"ftx crash"
>still thinking BTC dumped because of FTX
>>>/reddit/